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Questions are being asked about whether advisers are facing greater risks of being perceived to breach the code of ethics because of the complexities inherent in advising on retirement income strategies in a volatile yet prolonged low interest rate environment.
Both stockbrokers and risk advisers are continuing to lobby Parliamentarians for changes to the Financial Adviser Standards and Ethics Authority regime to better recognise a wider range of degrees and prior learning.
Is it intra-fund advice or isn’t it? Advisers are asking following QSuper’s change of approach on financial advice.
The end of the financial year has brought more changes for licensees which are reflected in their adviser numbers which continued to drop, according to HFS Consulting.
With the cost of Commerce-related degrees rising by 28% the Association of Financial Advisers is pointing to additional impact on a planning industry already hit by adviser exits.
